How has been the historical performance of Smart Finsec?

Answer:The historical performance of Smart Finsec shows significant fluctuations in key financial metrics over the years.

Breakdown:
Smart Finsec's net sales have seen a dramatic decline from 50.82 Cr in Mar'22 to just 2.37 Cr in Mar'25, indicating a challenging revenue environment. Total operating income followed a similar trend, dropping from 50.82 Cr in Mar'22 to 2.37 Cr in Mar'25. The company's total expenditure, excluding depreciation, also decreased significantly from 46.22 Cr in Mar'22 to 0.81 Cr in Mar'25. Operating profit, which peaked at 4.60 Cr in Mar'22, fell to 1.56 Cr in Mar'25, while profit before tax decreased from 4.55 Cr in Mar'22 to 1.50 Cr in Mar'25. Profit after tax mirrored this decline, dropping from 3.46 Cr in Mar'22 to 1.17 Cr in Mar'25. Despite these challenges, the company has managed to maintain a positive book value per share, which increased from 2.275 in Mar'20 to 5.23 in Mar'25. Total assets rose from 11.91 Cr in Mar'20 to 15.73 Cr in Mar'25, while total liabilities remained relatively stable, leading to a shareholder's fund increase from 6.83 Cr in Mar'20 to 15.68 Cr in Mar'25. Cash flow from operating activities remained positive at 2.00 Cr in both Mar'24 and Mar'25, although cash flow from investing activities turned negative in Mar'25 at -2.00 Cr. Overall, Smart Finsec's financial performance reflects significant revenue challenges but some resilience in asset management and shareholder equity growth.